Oconee Financial Stock Volatility
| OSBK Stock | USD 38.71 0.21 0.55% |
As of now, Oconee OTC Stock is very steady. Oconee Financial maintains Sharpe Ratio (i.e., Efficiency) of 0.14, which implies the firm had a 0.14% return per unit of risk over the last 3 months. We have found twenty-one technical indicators for Oconee Financial, which you can use to evaluate the volatility of the company. Please check Oconee Financial's Risk Adjusted Performance of 0.0987, variance of 0.2413, and Coefficient Of Variation of 735.56 to confirm if the risk estimate we provide is consistent with the expected return of 0.0678%. Key indicators related to Oconee Financial's volatility include:
30 Days Market Risk | Chance Of Distress | 30 Days Economic Sensitivity |
Oconee Financial OTC Stock volatility depicts how high the prices fluctuate around the mean (or its average) price. In other words, it is a statistical measure of the distribution of Oconee daily returns, and it is calculated using variance and standard deviation. We also use Oconee's beta, its sensitivity to the market, as well as its odds of financial distress to provide a more practical estimation of Oconee Financial volatility.
Oconee |
ESG Sustainability
While most ESG disclosures are voluntary, Oconee Financial's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Oconee Financial's managers and investors.Environmental | Governance | Social |
Downward market volatility can be a perfect environment for investors who play the long game. Here, they may decide to buy additional stocks of Oconee Financial at lower prices. For example, an investor can purchase Oconee stock that has halved in price over a short period. This will lower their average cost per share, thereby improving the overall portfolio performance when market normalizes.
Moving together with Oconee OTC Stock
Moving against Oconee OTC Stock
| 0.54 | BBAS3 | Banco do Brasil | PairCorr |
| 0.36 | BBDC4 | Banco Bradesco SA | PairCorr |
| 0.36 | CTPR | CTPartners Executive | PairCorr |
Oconee Financial Market Sensitivity And Downside Risk
Oconee Financial's beta coefficient measures the volatility of Oconee otc stock compared to the systematic risk of the entire market represented by your selected benchmark. In mathematical terms, beta represents the slope of the line through a regression of data points where each of these points represents Oconee otc stock's returns against your selected market. In other words, Oconee Financial's beta of -0.0282 provides an investor with an approximation of how much risk Oconee Financial otc stock can potentially add to one of your existing portfolios. Oconee Financial exhibits very low volatility with skewness of 4.82 and kurtosis of 38.32. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Oconee Financial's otc stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Oconee Financial's otc stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.
3 Months Beta |Analyze Oconee Financial Demand TrendCheck current 90 days Oconee Financial correlation with market (Dow Jones Industrial)Oconee Beta |
Oconee standard deviation measures the daily dispersion of prices over your selected time horizon relative to its mean. A typical volatile entity has a high standard deviation, while the deviation of a stable instrument is usually low. As a downside, the standard deviation calculates all uncertainty as risk, even when it is in your favor, such as above-average returns.
Standard Deviation | 0.5 |
It is essential to understand the difference between upside risk (as represented by Oconee Financial's standard deviation) and the downside risk, which can be measured by semi-deviation or downside deviation of Oconee Financial's daily returns or price. Since the actual investment returns on holding a position in oconee otc stock tend to have a non-normal distribution, there will be different probabilities for losses than for gains. The likelihood of losses is reflected in the downside risk of an investment in Oconee Financial.
Oconee Financial OTC Stock Volatility Analysis
Volatility refers to the frequency at which Oconee Financial otc price increases or decreases within a specified period. These fluctuations usually indicate the level of risk that's associated with Oconee Financial's price changes. Investors will then calculate the volatility of Oconee Financial's otc stock to predict their future moves. A otc that has erratic price changes quickly hits new highs, and lows are considered highly volatile. A otc stock with relatively stable price changes has low volatility. A highly volatile otc is riskier, but the risk cuts both ways. Investing in highly volatile security can either be highly successful, or you may experience significant failure. There are two main types of Oconee Financial's volatility:
Historical Volatility
This type of otc volatility measures Oconee Financial's fluctuations based on previous trends. It's commonly used to predict Oconee Financial's future behavior based on its past. However, it cannot conclusively determine the future direction of the otc stock.Implied Volatility
This type of volatility provides a positive outlook on future price fluctuations for Oconee Financial's current market price. This means that the otc will return to its initially predicted market price. This type of volatility can be derived from derivative instruments written on Oconee Financial's to be redeemed at a future date.Transformation |
The output start index for this execution was zero with a total number of output elements of sixty-one. Oconee Financial Average Price is the average of the sum of open, high, low and close daily prices of a bar. It can be used to smooth an indicator that normally takes just the closing price as input.
Oconee Financial Projected Return Density Against Market
Given the investment horizon of 90 days Oconee Financial has a beta of -0.0282 . This indicates as returns on the benchmark increase, returns on holding Oconee Financial are expected to decrease at a much lower rate. During a bear market, however, Oconee Financial is likely to outperform the market.Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Oconee Financial or Financial Services sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Oconee Financial's price will be affected by overall otc stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Oconee otc's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
Oconee Financial has an alpha of 0.0602, implying that it can generate a 0.0602 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Predicted Return Density |
| Returns |
What Drives an Oconee Financial Price Volatility?
Several factors can influence a otc's market volatility:Industry
Specific events can influence volatility within a particular industry. For instance, a significant weather upheaval in a crucial oil-production site may cause oil prices to increase in the oil sector. The direct result will be the rise in the stock price of oil distribution companies. Similarly, any government regulation in a specific industry could negatively influence stock prices due to increased regulations on compliance that may impact the company's future earnings and growth.Political and Economic environment
When governments make significant decisions regarding trade agreements, policies, and legislation regarding specific industries, they will influence stock prices. Everything from speeches to elections may influence investors, who can directly influence the stock prices in any particular industry. The prevailing economic situation also plays a significant role in stock prices. When the economy is doing well, investors will have a positive reaction and hence, better stock prices and vice versa.The Company's Performance
Sometimes volatility will only affect an individual company. For example, a revolutionary product launch or strong earnings report may attract many investors to purchase the company. This positive attention will raise the company's stock price. In contrast, product recalls and data breaches may negatively influence a company's stock prices.Oconee Financial OTC Stock Risk Measures
Given the investment horizon of 90 days the coefficient of variation of Oconee Financial is 729.94. The daily returns are distributed with a variance of 0.25 and standard deviation of 0.49. The mean deviation of Oconee Financial is currently at 0.17. For similar time horizon, the selected benchmark (Dow Jones Industrial) has volatility of 0.77
α | Alpha over Dow Jones | 0.06 | |
β | Beta against Dow Jones | -0.03 | |
σ | Overall volatility | 0.49 | |
Ir | Information ratio | -0.13 |
Oconee Financial OTC Stock Return Volatility
Oconee Financial historical daily return volatility represents how much of Oconee Financial otc's daily returns swing around its mean - it is a statistical measure of its dispersion of returns. The company inherits 0.495% risk (volatility on return distribution) over the 90 days horizon. By contrast, Dow Jones Industrial accepts 0.7626% volatility on return distribution over the 90 days horizon. Performance |
| Timeline |
About Oconee Financial Volatility
Volatility is a rate at which the price of Oconee Financial or any other equity instrument increases or decreases for a given set of returns. It is measured by calculating the standard deviation of the annualized returns over a given period of time and shows the range to which the price of Oconee Financial may increase or decrease. In other words, similar to Oconee's beta indicator, it measures the risk of Oconee Financial and helps estimate the fluctuations that may happen in a short period of time. So if prices of Oconee Financial fluctuate rapidly in a short time span, it is termed to have high volatility, and if it swings slowly in a more extended period, it is understood to have low volatility.
Please read more on our technical analysis page.Oconee Financial Corporation operates as the bank holding company for Oconee State Bank that provides a range of commercial and consumer banking products and services to consumers, businesses, and communities. Oconee Financial Corporation was founded in 1960 and is headquartered in Watkinsville, Georgia. Oconee Financial operates under BanksRegional classification in the United States and is traded on OTC Exchange.
Oconee Financial's stock volatility refers to the amount of uncertainty or risk involved with the size of changes in its stock's price. It is a statistical measure of the dispersion of returns on Oconee OTC Stock over a specified period of time, often expressed as the standard deviation of daily returns. In other words, it measures how much Oconee Financial's price varies over time.
3 ways to utilize Oconee Financial's volatility to invest better
Higher Oconee Financial's stock volatility means that the price of its stock is changing rapidly and unpredictably, while lower stock volatility indicates that the price of Oconee Financial stock is relatively stable. Investors and traders use stock volatility as an indicator of risk and potential reward, as stocks with higher volatility can offer the potential for more significant returns but also come with a greater risk of losses. Oconee Financial stock volatility can provide helpful information for making investment decisions in the following ways:- Measuring Risk: Volatility can be used as a measure of risk, which can help you determine the potential fluctuations in the value of Oconee Financial investment. A higher volatility means higher risk and potentially larger changes in value.
- Identifying Opportunities: High volatility in Oconee Financial's stock can indicate that there is potential for significant price movements, either up or down, which could present investment opportunities.
- Diversification: Understanding how the volatility of Oconee Financial's stock relates to your other investments can help you create a well-diversified portfolio of assets with varying levels of risk.
Oconee Financial Investment Opportunity
Dow Jones Industrial has a standard deviation of returns of 0.76 and is 1.52 times more volatile than Oconee Financial. 4 percent of all equities and portfolios are less risky than Oconee Financial. You can use Oconee Financial to enhance the returns of your portfolios. The otc stock experiences a moderate upward volatility. Check odds of Oconee Financial to be traded at $42.58 in 90 days.Good diversification
The correlation between Oconee Financial and DJI is -0.04 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Oconee Financial and DJI in the same portfolio, assuming nothing else is changed.
Oconee Financial Additional Risk Indicators
The analysis of Oconee Financial's secondary risk indicators is one of the essential steps in making a buy or sell decision. The process involves identifying the amount of risk involved in Oconee Financial's investment and either accepting that risk or mitigating it. Along with some common measures of Oconee Financial otc stock's risk such as standard deviation, beta, or value at risk, we also provide a set of secondary indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
| Risk Adjusted Performance | 0.0987 | |||
| Market Risk Adjusted Performance | (2.00) | |||
| Mean Deviation | 0.1688 | |||
| Coefficient Of Variation | 735.56 | |||
| Standard Deviation | 0.4912 | |||
| Variance | 0.2413 | |||
| Information Ratio | (0.13) |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential otc stocks, we recommend comparing similar otcs with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
Oconee Financial Suggested Diversification Pairs
Pair trading is one of the very effective strategies used by professional day traders and hedge funds capitalizing on short-time and mid-term market inefficiencies. The approach is based on the fact that the ratio of prices of two correlating shares is long-term stable and oscillates around the average value. If the correlation ratio comes outside the common area, you can speculate with a high success rate that the ratio will return to the mean value and collect a profit.
The effect of pair diversification on risk is to reduce it, but we should note this doesn't apply to all risk types. When we trade pairs against Oconee Financial as a counterpart, there is always some inherent risk that will never be diversified away no matter what. This volatility limits the effect of tactical diversification using pair trading. Oconee Financial's systematic risk is the inherent uncertainty of the entire market, and therefore cannot be mitigated even by pair-trading it against the equity that is not highly correlated to it. On the other hand, Oconee Financial's unsystematic risk describes the types of risk that we can protect against, at least to some degree, by selecting a matching pair that is not perfectly correlated to Oconee Financial.
Other Information on Investing in Oconee OTC Stock
Oconee Financial financial ratios help investors to determine whether Oconee OTC Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Oconee with respect to the benefits of owning Oconee Financial security.